Asset Acquisitions and Disposals::Periodic Announcement pursuant to Rule 706A of the Listing Manual
November 26, 2021 at 06:30 am EST
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ANNOUNCEMENT
Date:
26 November 2021
To:
Singapore Exchange Securities Trading Limited
Subject:
Periodic Announcement pursuant to Rule 706A of the Listing Manual
Pursuant to Rule 706A of the Listing Manual of Singapore Exchange Securities Trading Limited, we, Thai Beverage Public Company Limited ("THBEV"), would like to announce the following share transactions that occurred during the six-month period from 1 April 2021 to 30 September 2021:
ACQUISITION OF SHARES
Following completion of the Frasers Property Limited ("FPL")'s renounceable rights issue (the "FPL Rights Issue"), InterBev Investment Limited ("IBIL"), our indirect wholly-owned subsidiary, had on 5 April 2021 acquired an aggregate of 305,193,628 rights shares pursuant to the FPL Rights Issue at the issue price of SGD 1.18 for each rights share, which resulted in THBEV holding 28.86% of the total number of issued shares of FPL as of 5 April 2021. The aggregate consideration paid by THBEV for the acquisition of the said rights shares, which was satisfied by an external loan from a financial institute, is SGD 360,128,481.04.
Please refer to the announcements of FPL dated 10 February 2021, 26 February 2021, 8 March 2021, 29 March 2021 and 1 April 2021 in relation to the FPL Rights Issue, as well as THBEV's announcement dated 10 February 2021 in respect of the entry by IBIL into an irrevocable undertaking in respect of the FPL Rights Issue for additional information.
NEW INCORPORATIONS
THBEV announced the incorporation of South East Asia Logistics Pte. Ltd., our indirect wholly-owned subsidiary incorporated in Singapore, as an investment holding company, with an initial issued share capital of SGD 100,000, consisting of 100,000 shares.
The aforesaid investment was funded through internally generated funds. Please refer to THBEV's announcement dated 23 June 2021 for additional information.
THBEV announced the incorporation of Mee Chai Mee Chok Co., Ltd., our direct wholly owned subsidiary incorporated in Thailand, which principally engages in trading businesses and consumer related service businesses, with a registered capital of Baht 10,000,000, consisting of 1,000,000 ordinary shares.
The aforesaid investment was funded through internally generated funds. Please refer to THBEV's announcement dated 11 August 2021 for additional information.
Please be informed accordingly.
Yours faithfully,
Nantika Ninvoraskul
Company Secretary
THBEV - Periodic Announcement pursuant to Rule 706A
-2-
of the Listing Manual
26 November 2021
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Thai Beverage pcl published this content on 26 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2021 11:29:07 UTC.
Thai Beverage Public Company Limited is a Thailand-based beverage company engaged in the production and distribution of alcoholic and non- alcoholic beverages and food. The Company operates through four segments: Spirits, Beer, Non-alcoholic beverages and Food. Its Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials, branded beer products, Chang soda and Chang water. Its Non-alcoholic beverages segment is engaged in the production and the sale of branded water, ready-to-drink coffee, energy drink, green tea and fruit flavored drinks. Its Food segment is engaged in the production and sale of food and beverages. Its products include Mekhong, SangSom, BLEND 285, CROWN 99, Old Pulteney 12 years old, MacArthurâs, Grand Royal Black, est Cola, est PLAY Strawberry and others. Its geographical segments include Thailand, Socialist Republic of Vietnam and Overseas.
THAI BEVERAGE 
